PPP Loan information for Chesapeake paving & sealing

$144,295

Chesapeake paving & sealing was initially approved for PPP Loan of amount $144,295, the current approved amount is $144,295. The loan was approved on 04/28/2020 by The The Farmers Bank of Willards reported 36 jobs and $144,295 was used to fund payroll.

Chesapeake paving & sealing is Existing or more than 2 years old

PPP Loan Search / MD / SALISBURY / Chesapeake paving & sealing

CHESAPEAKE PAVING & SEALING

Date Approved

04/28/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

CHESAPEAKE PAVING & SEALING

Borrower Address

2445 ZION RD

Borrower City

SALISBURY

Borrower State

MD

Borrower Zip

21801-2227

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

144295.00

Current Approval Amount

144295.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30926

Servicing Lender Name

The Farmers Bank of Willards

Servicing Lender Address

7484 Market St

Servicing Lender City

WILLARDS

Servicing Lender State

MD

Servicing Lender Zip

21874-1232

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SALISBURY

Project County Name

WICOMICO

Project State

MD

Project Zip

21801-2227

CD

MD-01

Jobs Reported

36

NAICS Code

237990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

18036.87

Payroll Proceed

108221.26

Mortgage Interest Proceed

0.00

Rent Proceed

18036.87

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

30926

Originating Lender

The Farmers Bank of Willards

Originating Lender City

WILLARDS

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

145277.01

Forgiveness Date

01/07/2021

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